Director/PDMR Shareholding

RNS Number : 4045D

Scottish & Southern Energy PLC

01 December 2009

 



TRANSACTIONS BY DIRECTORS AND PDMRS

DISCLOSURE PURSUANT TO DISCLOSURE AND TRANSPARENCY RULE 3.1.4R(1)(a)

UK SHARE INCENTIVE PLAN 

The Company was notified on 30 November 2009 by HBOS Employee Equity Solutions, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 30 November 2009 in the Company's ordinary shares:-

       (a)  that 51,583 shares were purchased and allocated at £11.2115 per share using participating 
             employees' gross salary ('Partnership Shares').

       (b) that the Company matched the Partnership Shares purchased by employees and allocated a 
            further 42,060 shares at £11.2115 per share ('Matching Shares'). The Company gives employees 
            2 Matching Shares for each Partnership Share bought by them up to a maximum of 6 Matching 
            Shares per employee, each month.

The purchase, referred to above, was made pursuant to a regular standing order instruction with HBOS Employee Equity Solutions for the monthly purchase of Partnership Shares.

The interests of Executive Directors/PDMRs of the Company in the transactions were as follows:

Director/PDMR	SIP Purchases		Total holding following notification
	Number of Partnership Shares	Number of Matching Shares
Colin Hood Director	11	6	56,758
Ian Marchant Director	11	6	210,237
Alistair Phillips-Davies Director	11	6	90,041
Gregor Alexander Director	11	6	81,375
Mark Mathieson PDMR	11	6	N/A
Adrian Pike PDMR	11	6	N/A
Paul Smith PDMR	11	6	N/A

 

END

 

 

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